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1121 Olive Street

1121 Olive Street, Springfield, OH 45503
Property in Northern Heights
Sold Sep 01, 2023
$153,000
$150,227 by Amerisave Mortgage Corporation
Mortgage Due Sep 01, 2038
Sold Sep 17, 2021
$69,000
$200,000 by New Carlisle Federal Savings B
Mortgage
1121 Olive Street has been categorized by the local assessors in Springfield, OH as a residential type of property. The building on the property was first built in 1911 and is 113 years old. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1121 Olive Street has 1,992 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,920 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 8,834 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of wood. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1121 Olive Street sold most recently in Aug 30, 2023 for a total of $153,000. If you work out the math, that's approximately a cost of $76.81 per sqft. Before that, the property was also sold for $69,000 in Sep 16, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,620 in taxes each year. 1121 Olive Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $32,610. If we break it down further, the land itself was valued at $6,610. Improvements to the property, however, were assessed at a total of $26,000. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1911
  • Effective Year Built: 1911
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,834
  • Lot Size Depth Feet: 1,920
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,992
  • Gross Building Area: 2,052
  • Building Area: 1,992
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,992
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTHERN HEIGHTS
  • Land Acres: 0.203
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Business personal property general
  • State Land Use Code: Business personal property general
  • Legal Description 1: NORTHERN HEIGHTS ALL 10471

Ownership

  • Current Owner : TORRES EDWARD
  • Previous Owner : CATZ REAL ESTATE LLC
  • Owner Before Previous Owner: SMITH PETER RICHARD
  • Owner Before Previous Owner 2: SMITH KAREN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Springfield City School District
  • School Tax School District: SPRINGFIELDCITY
  • Census Tract: 000600

Geography

  • Assessors Map Reference: 34-00700
  • District: 340
  • Parcel: 340-07-00035-203-016
  • Block: 203
  • Lot: 16
  • Municipality: SPRINGFIELD TOWNSHIP
  • Latitude: 39.9374
  • Longitude: -83.8003

    Address

  • Full Address: 1121 Olive St
  • Address - House Number: 1121
  • Address - Street Name: Olive
  • Address - Suffix Type: St
  • State: OH
  • City Name: Springfield
  • Carrier Code: C021
  • 4-Digit Zip Code: 3655
  • Zip Code: 45503

Valuation

    Tax

  • Total Area: 812
  • Tax Year: 2022
  • Tax Amount: $1,620
  • Tax Rate Code Area: 340

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 38
  • Final Value: 147,000
  • High Value: 166,000
  • Low Value: 131,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,227
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 01, 2023
  • First Open Lien Mortgage Loan Amount: $150,227
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2038

    Market Valuation

  • Market Total Value: $93,170
  • Market Land Value: $18,880
  • Market Improvement Value: $74,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $32,610
  • Assessed Land Value: $6,610
  • Assessed Improvements Value: $26,000

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912089098
  • Current Sale Price: $153,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9805
  • Previous Sale Recording Date: Sep 17, 2021
  • Previous Sale Contract Date: Sep 16, 2021
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $150,227
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2038

    Previous Mortgages

  • Previous Mortgage Lender: NEW CARLISLE FEDERAL SAVINGS B
  • Previous Mortgage Transaction Date: Sep 17, 2021
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Northern Heights



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Frequently Asked Questions

What neighborhood is 1121 Olive Street located in?
The 1121 Olive Street is a located in the neighborhood of Northern Heights in Northern Heights, Springfield.
What is the average sales price for listings in 1121 Olive Street?
The average sales price for units in 1121 Olive Street is $0 currently.

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